Leverage is the ratio between the amount invested by a trader and the credit provided by a broker, therefore leverage is a form of borrowed capital that allows a trader to increase their profit potential.
In the simplest form, volatility is the rate at which market prices change. Large price movements equal high volatility while small price movements mean low volatility.
It’s not what you think.
This particular topic is a bit taboo in Forex trading for some and a real reality for others. But how can that be? If you’re new to Forex then allow me to disabuse you of the notion that everyone experiences the market the same way.
This is a question that may plague a lot of traders. Some of you might have heard things like “trade all of them” or “trade one until you master it”. These opinions can come from leaders in the trading industry thus leaving some newbies or even intermediate traders in the grey about which route to take. Which answer is the right one? Both…
Forex trading comes with a variety of different orders types, traders need to understand the different types and which options suit their trading approach, here we will be looking at the most common order types used by traders.
Capital, capital, and more capital!!! The main issue when starting to trade and make a living from the markets. You know? To show off the flashy lifestyle with; the cars, the multiple homes, the luxury vacations to the Bahamas or Paris, whatever you fancy really.
According to research done in 2016 by Finance Feed there were 1,231 brokers on the MetaTrader 4 platform, fairly old and some fairly new. This list included only those of retail Forex brokers (non-institutional).
What makes a good Forex broker?
Break Even conversations are similar to addressing the elephant in the room. No one wants to talk about it because it’s so subjective and everyone thinks they have it figured out. A Break-even trade happens in 2 ways.
It ain’t the size of the fight in the trade, it’s the size of the trade in the fight.
Position Size. Some traders have labeled position size or position sizing a crucial part of profitability using any strategy. You could have the world’s best strategy but if you bet too big, it wouldn’t matter because at some point you would incur a string of losses that wipe you out so you’ve got to find the sweet spot.
Most Forex traders only hear about the importance of journaling years after failure or even after a little bit of success, but you hear about it sometime in your journey in Forex trading.
Journaling is defined as writing or recording events that are happening, have happened or even the things you wish would happen. Usually, an internal thought process put down on paper or anywhere else you write.